myanmar - Real Estate

Myanmar Real Estate Service Law to be enacted within Three Months

The Pyidaungsu Hluttaw will approve a real estate service law within three months, said U Tin Maung Win, chair of Transport, Communication and Construction Committee at Myanmar Real Estate Services Association annual meeting on March 23.
Date: 27 March 2019; Type: Legal News; Source: Myanmar Times

Tanintharyi Landholders sued under New Law

Local government officials and companies are already using the recently amended land law to remove villagers from disputed land, according to lawyers in southern Myanmar.
Date: 11 March 2019; Type: Industry Updates; Source: Myanmar Times

Group says Real Estate Service Law will curb Price Manipulation

The problem of land price manipulation can be minimised, if not prevented, with the enactment of the Real Estate Service Law, which is expected to be passed later this year, a real estate association said.
Date: 25 February 2019; Type: Industry Updates; Source: Myanmar Times

Real Estate Services Bill submitted to Parliament

The Real Estate Services Bill aiming to increase tax revenues and to build confidence in the industry has been submitted to the Pyithu Hluttaw.
Date: 01 February 2019; Type: Legal News; Source: Myanmar Times

After Three Years, Regulations under Condominium Law firm up

The Ministry of Construction has announced the formation of a management committee to oversee the implementation of regulations under the Condominium Law 2016 and Condominium Rules 2017.
Date: 17 January 2019; Type: Legal News; Source: Myanmar Times

Mandalay revokes Permits for 57 Apartments over Nonpayment

The Mandalay government has revoked the permits for the sale of 57 apartments under the government affordable housing programme after those who were given the rights to buy these units failed to make payment after one year.
Date: 13 August 2018; Type: Legal News; Source: Myanmar Times

No 100 per cent Foreign Ownership in Real Estate

Foreigners will not be allowed to own 100 percent in any real estate business in Myanmar, according to a draft Real Estate Service Law, but they can be allowed to go into partnership with citizens, U Aung Tun, vice chairman of the Myanmar Real Estate Services Development Association, said.
Date: 08 August 2018; Type: Legal News; Source: Myanmar Times

Bill to regulate Real Estate Brokers open to Public

A real estate bill which includes legislation to regulate dealings between brokers and their customers was made open for public comment by the Union Parliament this month.
Date: 26 June 2018; Type: Legal News; Source: Myanmar Times

Court rules in Favour of MEC, deals a Blow to Farmer Land Rights

A Myanmar court yesterday ruled in favour of the Myanmar Economic Corporation (MEC) in a land rights case between the Tatmadaw-linked organisation and 33 farmers inhabiting land near the Thilawa Special Economic Zone (SEZ). An NGO commented that the ruling represents a blow to the land rights of farmers and is “a continuation of the long hist ...
Date: 08 May 2018; Type: Legal News; Source: Myanmar Times

Mandalay Government to seize Idle Farmland

Special teams have been formed to confiscate vacant, fallow and virgin land in seven districts of Mandalay Region on which farming still hasn’t started four years after they were approved for cultivation, said the regional government.
Date: 11 April 2018; Type: Legal News; Source: Myanmar Times

Draft YCDC Law to drive Yangon Growth submitted in Parliament

Yangon’s leaders want to upgrade and promote the city as a business hub for the country. Last week, its mayor, U Maung Maung Soe, submitted draft legislation for the governing and development of the city to the Yangon Regional Parliament.
Date: 08 February 2018; Type: Legal News; Source: Myanmar Times

Parliament warns Urban Planners to follow the Law

A legislator has asked parliament to conduct a systematic review of all urban planning projects to determine if they are following the law.
Date: 06 February 2018; Type: Legal News; Source: Myanmar Times

Construction Sector under threat from High Tax, Interest Rates

Unreasonably high tax and interest rates could lead to the collapse of Mandalay’s already ailing construction sector, U Shein Win, Vice Chair of the Myanmar Construction Entrepreneur Association (MCEA) told The Myanmar Times last Friday.
Date: 29 January 2018; Type: Legal News; Source: Myanmar Times

Yangon City Development Law under fire before Enactment

After six months of redrafting and deliberation, Yangon will lay down the latest version of the Yangon City Development Law very soon, Yangon Hluttaw bill committee chair U Thein Myint told The Myanmar Times.
Date: 19 December 2017; Type: Legal News; Source: Myanmar Times

New Condominium Rules allow More Flexibility for Foreigners

Foreigners will be given more flexibility to invest in the local property sector, according to new rules under the Condominium Law announced Thursday. The Condominium Rules are the final steps of the implementation of the Condominium Law, which was approved last year.
Date: 16 December 2017; Type: Legal News; Source: Myanmar Times

Draft Condominium Bylaw to be ready in Two Months

The condominium bylaw which is currently being drafted will be enacted soon, and it will include the right for the buyers to be connected to banks and purchase with an instalment system, said U Min Htein, director general of the Department of Urban and Housing Development (DUHD) under the Ministry of Construction.
Date: 23 August 2017; Type: Legal News; Source: Myanmar Times

Speaker warns Ministry about issuing of Land-use Certificates

The Department of Agricultural Farmland Management and Statistics, which issues land-use certificates to farmers, is not following proper procedures, Pyithu Hluttaw Speaker U Win Myint warned the ministry that supervises the department.
Date: 10 August 2017; Type: Legal News; Source: Myanmar Times

Mandalay targets Rental Agreement Violations

The government will take action against rental housings residents in the western part of Mandalay who sublet or resell their units, said Mandalay Mayor Ye Lwin.
Date: 11 July 2017; Type: Legal News; Source: Myanmar Times

Land Rights Major Risk for EU-Myanmar IPA

As EU-Myanmar Investment Protection Agreement (IPA) negotiations entered the fifth round, a report released by ACT-Alliance on the potential risks and opportunities of the agreement has named Myanmar’s widespread land conflicts, land-related human rights, the need for policy space and limited institutional capacity as major obstacles to the f ...
Date: 12 May 2017; Type: Legal News; Source: Myanmar Times

Locals to protest against Land, Compensation Issues

Local residents living near the Sabeitaung and Kyesintaung copper mines of Monywa township, will launch a protest on April 26 to demand a quick resolution to the issue of confiscated lands and compensation.
Date: 24 April 2017; Type: Legal News; Source: Myanmar Times

INDUSTRY UPDATES

Ex-CJ speaks out against Lawyers' Tendency to seek Postponements

KUALA LUMPUR, Jun 16 (Bernama) - Former Chief Justice Tun Zaki Azmi has spoken out against the tendency by certain defence lawyers to seek postponements of cases being heard in court.

Read More

INDUSTRY UPDATES

New Competition Commission already under Fire

Myanmar’s professed commitment to competition reform has come under fire after the government packed the new Competition Commission with bureaucrats serving under a minister.

Read More

INDUSTRY UPDATES

NA Deputies give Opinions on Revised Labour Code

Hanoi, Jun 12 (VNA) - The revised Labour Code will the focus during the sitting of lawmakers on June 12 in the ongoing 7th session of the 14th National Assembly.

Read More

INDUSTRY UPDATES

Ability to pay Taxes Online a Boon for Vietnam’s Import-Export Businesses

Hanoi, Jun 6 (VNS/VNA) - Around 99 percent of import and export tax payments in Ho Chi Minh City are made online, according to the customs department.

Read More

INDUSTRY UPDATES

OWWA joins Urban Poor Caravan

MANILA, Jun 8 (PNA) - The Overseas Workers Welfare Administration (OWWA) will be joining the Presidential Commission for the Urban Poor (PCUP) caravan to inform the public of its programs on overseas employment.

Read More

INDUSTRY UPDATES

Palace declares June 24 Holiday in Manila

MANILA, Jun 6 (PNA) - Malacañang has declared June 24 as a special, non-working holiday in the City of Manila in celebration of its 448th founding anniversary.

Read More

INDUSTRY UPDATES

Legal Profession faces inherent Risks not Exclusive to NUPL

MANILA, Jun6 (PNA) - A state lawyer of the Office of the Solicitor General said Thursday the legal profession faces "inherent risks not exclusive to the National Union of People’s Lawyers (NUPL)".

Read More

INDUSTRY UPDATES

DOJ forms Panel to probe Jacky Co Case

MANILA, Jun 6 (PNA) - A prosecution panel has been assigned for the preliminary investigation on the complaints filed against alleged Chinese drug lord Jacky Co and others implicated in the smuggling of PHP1.8 billion worth of illegal drugs into the country.

Read More

INDUSTRY UPDATES

Myanmar still short of Judges, says Supreme Court

The number of judges in the country is just two thirds of the number required, according the 2018 annual report of the Union Supreme Court.

Read More

INDUSTRY UPDATES

RCI on Judicial Misconduct is what People Want - Dr Mahathir

PUTRAJAYA, Jun 5 (Bernama) - The government agreed to set up a Royal Commission of Inquiry (RCI) on judicial misconduct because this is what the people want, said Prime Minister Tun Dr Mahathir Mohamad.

Read More

INDUSTRY UPDATES

CJ stresses Importance of beefing up Legal Education

MANILA, Jun 3 (PNA) - Chief Justice Lucas P. Bersamin emphasized the commitment of his administration to leave no stone unturned in reforming the country's legal education system.

Read More

INDUSTRY UPDATES

Double Pay for Workers on June 5

MANILA, Jun 3 (PNA) - Private sector workers, who will report to duty on Wednesday, June 5, will be paid twice their regular daily wages, the Department of Labor and Employment (DOLE) said Monday.

Read More

INDUSTRY UPDATES

Complaints via Whatsapp: RTD issues More than 200 Notices

KUALA LUMPUR, June 3 (Bernama) - More than 200 notices have been issued by the Road Transport Department (RTD) as result of consumer complaints via the Whatsapp application during the three days enforcement operation, in conjunction with Adilfitri, which began on May 29.

Read More

INDUSTRY UPDATES

Online Trader benefits from Industrial Revolution 4.0

KOTA BHARU, Jun 2 (Bernama) - The Industry Revolution 4.0, which is occurring all over the world, has given huge benefit to online traders in marketing their products to consumers.

Read More

INDUSTRY UPDATES

Vietnam attends ASEAN Plus Three, EAS SOMs

Bangkok, May 30 (VNA) - Deputy Foreign Minister Nguyen Quoc Dung, who is head of the country’s SOM ASEAN, attended the ASEAN Plus Three SOM and East Asia Summit (EAS) SOM, which were held within the framework of the ASEAN Senior Officials' Meeting (SOM) in Bangkok on May 30.

Read More

INDUSTRY UPDATES

JBC sets Public Interviews for SC Aspirants

MANILA, May 31 (PNA) - The Judicial and Bar Council (JBC) has released the schedule of the public panel interview of hopefuls vying for a Supreme Court (SC) post, to be vacated by Associate Justice Mariano del Castillo who will compulsorily retire on July 29.

Read More

INDUSTRY UPDATES

Mohd Roze Shaari is New Intelligence/Operations Deputy Director

KUALA LUMPUR, June 1 (Bernama) - Bukit Aman's Criminal Investigation Department (CID) has a new Intelligence/Operations deputy director.

Read More

INDUSTRY UPDATES

Give Mandatory Counselling, Community Service Sessions to Road Bullies - MCPF

KUALA LUMPUR, May 31 (Bernama) - The Malaysian Crime Prevention Foundation (MCPF) has suggested that compulsory counselling and community service sessions be meted out to individuals detained for dangerous driving and road rage.

Read More